Target Hospitality (TH) Long-Term Deferred Tax (2018 - 2022)
Target Hospitality (TH) reported Long-Term Deferred Tax of $8.4 million for Q2 2022, down 51.7% year-over-year from $17.3 million in Q2 2021, and down 40.22% quarter-over-quarter from $14.0 million in Q1 2022.
Target Hospitality (TH) Long-Term Deferred Tax (2018 - 2022) Analysis & Trends
Target Hospitality (TH) has 5 years of Long-Term Deferred Tax data on file, last reported at $8.4 million in Q2 2022.
- Long-Term Deferred Tax for Q2 2022 came in at $8.4 million, down 51.7% year-over-year; the trailing twelve-month figure through Jun 2022 was $8.4 million (down 51.7% YoY), and the FY2021 annual result was $14.7 million, down 3.09% from the prior year.
- Long-Term Deferred Tax slipped to $8.4 million in Q2 2022 per TH's latest filing, from $14.0 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $17.3 million in Q2 2021 and troughed at $6.4 million in Q4 2019.
- A 5-year average of $12.2 million and a median of $12.4 million in 2018 frame the typical range for Long-Term Deferred Tax.
- The sharpest annual moves came in 2020 and 2021: Long-Term Deferred Tax plunged 55.23% in 2020, then soared 161.34% in 2021.
- A 5-year view of Long-Term Deferred Tax shows it stood at $12.4 million in 2018, then plunged by 48.25% to $6.4 million in 2019, then soared by 136.18% to $15.2 million in 2020, then fell by 3.09% to $14.7 million in 2021, then sank by 43.17% to $8.4 million in 2022.
- Business Quant data shows TH's Long-Term Deferred Tax at $8.4 million in Q2 2022, $14.0 million in Q1 2022, and $14.7 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn |
| 10 | Target Hospitality | 1.84 Bn | 1.83 Bn | 6.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 8.36 Mn |
| Mar 31, 2022 | 13.99 Mn |
| Dec 31, 2021 | 14.71 Mn |
| Sep 30, 2021 | 15.98 Mn |
| Jun 30, 2021 | 17.31 Mn |
| Mar 31, 2021 | 16.91 Mn |
| Dec 31, 2020 | 15.18 Mn |
| Sep 30, 2020 | 12.21 Mn |
| Jun 30, 2020 | 9.10 Mn |
| Mar 31, 2020 | 6.47 Mn |
| Dec 31, 2019 | 6.43 Mn |
| Sep 30, 2019 | 8.01 Mn |
| Jun 30, 2019 | 10.92 Mn |
| Mar 31, 2019 | 14.46 Mn |
| Dec 31, 2018 | 12.42 Mn |